Lockdown pushes Philippines’ April PMI into contraction BusinessWorld 3 hrs ago © Provided by BusinessWorld Filipinos work at Kinpo Electronics factory in Malvar, Batangas, Aug. 10, 2018. REUTERS/ERIK DE CASTRO © Provided by BusinessWorld Filipinos work at Kinpo Electronics factory in Malvar, Batangas, Aug. 10, 2018. REUTERS/ERIK DE CASTRO
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Reporter
PHILIPPINE factory activity slumped anew in April, as renewed lockdown restrictions in Metro Manila and nearby provinces hampered manufacturers’ operations and dampened demand, a survey by IHS Markit showed.
The Philippine Manufacturing Purchasing Managers’ Index (PMI) sharply fell to 49 in April from 52.2 in March, “to signal a marginal contraction in operating conditions across the Filipino manufacturing sector.”
Lockdown pushes Philippines April PMI into contraction
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5 Taiwan entities named among top 100 global innovators
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2021/04/22 12:27 Economics Minister Wang Mei-hua (center) and representatives of ITRI, Foxconn, Quanta, Asus, Kinpo Electronics. (CNA photo) Economics Minister Wang Mei-hua (center) and representatives of ITRI, Foxconn, Quanta, Asus, Kinpo Electronics. (CNA photo) TAIPEI (Taiwan News) Four Taiwanese companies and a research institution have been named Clarivate Top 100 Global Innovators in recognition of their research and development and industrial innovation. In its 10th annual report released on Tuesday (April 20), Clarivate Analytics, a global information service company, named the Taiwanese government-sponsored Industrial Technology Research Institute (ITRI) as one of the world s most innovative research organizations for the fourth consecutive year. The ITRI is on the list alongside local tech giants Foxconn, Quanta, Asus, and Kinpo Electronics.